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Finnish company Fortum plans to sell 185 MW solar projects – EQ Mag

Finnish company Fortum plans to sell 185 MW solar projects – EQ Mag

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Mumbai: Finnish energy company Fortum plans to sell its operational assets in India -185 MW of solar projects spread across Rajasthan, Karnataka and Madhya Pradesh.

Kotak Mahindra Capital has been mandated to find buyers for the assets.

Fortum is targeting an enterprise value of Rs 1,600 crore ($200 million) for the assets, said two people aware of the development. Feelers were sent to global funds and domestic energy producers, they said…Read More

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network